U.S. oil futures settle higher a day after posting their lowest finish in a month

Oil futures inched higher on Thursday, recouping a small portion of losses from a day earlier that pulled prices to their lowest finish in a month. Oil bulls will need to see “renewed evidence of a soft/no-landing scenario in coming global economic releases and better growth metrics overseas,” said Tyler Richey, co-editor at Sevens Report Research. West Texas Intermediate crude for October delivery
CLV23,
+0.25%
climbed by 16 cents, or 0.2%, to settle at $79.05 a barrel on the New York Mercantile Exchange.